Our Story

Lucida Group has come a long way in just a few years

Mike Joseph, Group CEO, founded Right Choice Insurance Brokers in 2008 and oversaw rapid growth in the non-standard motor insurance market. In 2018 LDC invested in Right Choice and in 2021 the Group developed into what it is today with the addition of Bennetts Motorcycling. 

We're always on the lookout for more great teams and businesses to join our group.

Our Evolution

June 2018
Group Created
The Group is created with Mike Joseph (appointed Group CEO) and fellow investors joining forces with LDC, the Private Equity arm of Lloyds Bank (read more).
Chairman
Ian Owen appointed Chairman of the new Group.

"Lucida represents a unique opportunity to grow a group based on building and acquiring a portfolio of specialist businesses and leveraging that experience for the benefit of all."

Right Choice Insurance Brokers
Right Choice Insurance Brokers becomes the Group’s first acquisition.
GROUP CHIEF EXECUTIVE OFFICER
Mike Joseph is the Group CEO and founder of Right Choice Insurance Brokers.

"Lucida is a really exciting development in our development. We didn't think back 2008 when we started Right Choice that we could build such a great and diverse group."

October 2020
Motor Breakdown
Right Cover Insurance is established to provide insurance capacity for the Motor Breakdown business distributed by Right Choice Insurance Brokers.
April 2021
ex-Fresh Motor brands
Purchased ex-Fresh Motor brands, Ladybird Insurance, Autosaint Telematics and First Van (read more).
May 2021
Bennetts Motorcycling
Acquired Bennetts Motorcycling Insurance Services, the UK’s leading provider of motorbike insurance, led by Vince Chaney (read more).
August 2021
Moorhouse Group
Completed the acquisition of Moorhouse Group.
September 2021
Group Chief Risk Officer
Insiyah Davenport appointed as Group Chief Risk Officer.

"Lucida represents a great opportunity to challenge the norm for insurance companies to create great outcomes for customers and for our businesses."

January 2022
Group Chief Information Officer
Tina Scott appointed as Group Chief Information Officer

"Lucida represents a truly unique opportunity to grow a group of specialist businesses who through innovation and leveraging our collective experiences can create value which is larger than the sum of its parts.”

February 2025
CEO of Lucida Group
Matthew Gledhill appointed as CEO of Lucida Group (read more).

“I’m excited to be joining the Lucida Group at a time when the Group has such ambitious plans for the future. The business has very strong foundations and a clear opportunity to grow and strengthen our position in the insurance market. I look forward to working with my colleagues to drive innovation, enhance our customer offerings and unlock new growth opportunities.”

June 2025
Moorhouse Group is sold to Atec Group
December 2025
Chief Financial Offer
James Burniston joins Lucida as Chief Financial Offer.

"I’m delighted to join the exceptional team at Lucida Group, as we continue to explore opportunities in the insurance market, with a view to delivering continued growth and long-term value to our stakeholders."